The crypto market turned sharply lower on Tuesday after Federal Reserve Chair Jerome Powell said another interest rate cut in December is “far from certain.” His comments dampened investor optimism that the Fed would continue easing monetary policy to support slowing growth. Powell Ends Quantitative Tightening, Hints At No Rate Cut in December Speaking after The post Crypto Market Tumbles ...
A small contingent of Senate Republicans again joined with Senate Democrats to reject President Donald Trump’s tariffs — this time on Canadian goods. The Senate advanced a resolution from Sen. Tim Kaine, D-Va., on a bipartisan basis to terminate the emergency powers Trump used to declare retaliatory tariffs against Canada earlier this year. Roughly the same core group of Republicans, ...
President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a successful year end ahead. “This quarter, our U.S. business was again challenged by industry-wide shifts in retailer ordering patterns,” CEO Ynon Kreiz said on Mattel’s recent earnings call. “That said, consumer demand for our products grew in every ...
Patrick Tuohy, global head of sales and marketing Goldstrom, shares his outlook for gold, saying its position as a store of value has been reestablished. In his view, the yellow metal has found a new price floor at US$3,000 per ounce. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post ...
The “Trump Insider whale” has reportedly opened a $430 million long position in Bitcoin and Ethereum. This comes ahead of the Fed rate cut decision to be revealed at the conclusion of the FOMC meeting. Whale Reloads $430M Long Ahead of Fed Decision Data showed that the Trump Insider whale has placed a $430 million The post Trump Insider Whale ...
Senate Republicans offered a rare rebuke against President Donald Trump and his trade strategy on Tuesday, despite still remaining largely in lockstep amid the ongoing government shutdown. A handful of Senate Republicans joined Senate Democrats to end Trump’s use of emergency powers to implement steep, 50% tariffs on Brazil. While the resolution, led by Sen. Tim Kaine, D-Va., advanced from ...
Astral Resources (AAR:AU) has announced Key Appointments to Advance Mandilla Gold Project Download the PDF here. This post appeared first on investingnews.com ...
Crypto market analyst Adam Livingston has sharply criticized S&P Global Ratings after the agency assigned a ‘B-’ issuer credit rating to Strategy Inc. He called the assessment “hilarious” and said it reveals how deeply traditional finance misunderstands Bitcoin-based capital models. S&P Slams Bitcoin Holdings as Capital Weakness Livingston said the company has been unfairly classified The post Analyst Slams S&P’s ...
Small business owners are losing billions in funding due to the government shutdown, with industry leaders publishing a letter Monday demanding lawmakers pass a ‘clean CR’ and reopen the federal government. ‘On behalf of our organizations representing millions of entrepreneurs and small business owners, we are calling on U.S. Senators to put an end to the instability and hardship by ...
Aurum Resources (AUE:AU) has announced Aurum hits 0.8m @ 350 g/t gold at Boundiali Gold Project Download the PDF here. This post appeared first on investingnews.com ...
In a landmark ruling, the Madras High Court in India has declared that XRP and other cryptocurrencies as property under Indian law. The judgment was given by Justice N. Anand Venkatesh. He also pointed out that cryptocurrencies are recognizable, movable, and manageable solely with the help of privatized keys that makes them a unique type The post Indian Court Declares ...
History is being rewritten on the White House grounds, where a new formal ballroom is rising in place of the East Wing. The project has become a political lightning rod, as images of its construction reignite debate over President Donald Trump’s imprint on the nation’s most iconic address. While the White House has hosted countless ceremonial events, it has never ...